In this Gnosis technical analysis, we will examine the current price action, trading volume, key levels and indicators for GNO-USDT. Gnosis (GNO) is a blockchain-based platform that enables users to access and monetize their personal data. The platform utilizes smart contracts to facilitate secure and transparent data transactions, giving individuals control over their digital assets. With Gnosis, users can unlock new revenue streams and create value from their personal information.
Gnosis Price Overview:
As of April 30, 2024, Gnosis is trading at approximately 305.3 USDT. Let’s dive into the detailed price action for GNO-USDT:
| Metric | Value |
|---|---|
| Open (O) | 330.1 |
| High (H) | 335.4 |
| Low (L) | 303.9 |
| Close (C) | 305.3 |
| Volume (C) | 4,636.40 |
- Open (O): The opening price for today’s trading session was approximately 330.1 USDT.
- High (H): Gnosis reached a daily high of around 335.4 USDT.
- Low (L): The daily low for GNO-USDT was approximately 303.9 USDT.
- Close (C): At the time of analysis, Gnosis is trading near its daily close of 305.3 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -7.62% |
| 3D Change (%) | -9.70% |
| 7D Change (%) | -20.91% |
| 30D Change (%) | -14.07% |
| 90D Change (%) | 42.26% |
| YTD Change (%) | 56.89% |
Over the past three days, GNOUSDT has fallen by approximately -9.70%, showcasing increased market volatility. Throughout the last week, it continued to fall, with a loss of around -20.91%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with GNOUSDT maintaining a downward trend of approximately -14.07%, despite intermittent fluctuations. Examining the last 90 days, GNOUSDT has witnessed substantial rise of approximately 42.26%, reflecting strong long-term confidence. Year-to-date, GNOUSDT has steadily appreciated by around 56.89%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Gnosis Live Chart:
You can access a live price chart for GNO-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.73662.
- Momentum score is -0.15686.
GNO USDT Technical Analysis
Gnosis Trading Volume:
The trading volume for Gnosis (GNO) over the past 24 hours has been insignificant, with approximately 4,636.40 USDT traded against GNO. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): GNO is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Gnosis is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for GNO-USDT is currently in the low zone, around 44.97365. This suggests that Gnosis is in bearish territory.
Analysis from TradingView:
Our Key Takeaways:
Gnosis (GNO-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the low RSI and insignificant trading volume are low signals for potential downward movement.
Consider bearish sentiment for Gnosis (GNOUSDT) at 305.30 USDT with technical analysis, highlighting weakened support and cautionary indicators.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.